1-bedroom flat · NG1 6GR
For saleListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated adjacent to one of Nottingham’s most prestigious residential locations, this delightful first floor apartment enjoys an enviable position close to Nottingham’s vibrant city centre, with its extensive range of shops, bars, restaurants, entertainment venues and excellent transport links.
Nottingham Castle is also within close proximity. The property forms part of a handsome period building with only four apartments. Positioned adjacent to one of the gated entrances to The Park Estate.
Located on a road adjoining Park Terrace, one of The Park’s most prestigious addresses, Apartment three combines period character and charm with well proportioned, light filled accommodation.
The property is approached via a communal entrance hall, serving just two apartments. Apartment three’s entrance door opens into a welcoming hallway with useful storage cupboard.
The bright and airy lounge is a particular feature, benefiting from large double aspect windows which allow an abundance of natural light to flood the room.
The high level ceiling, attractive cornicing and ornamental fireplace surround further enhance the character and appeal of this elegant reception space.
The separate kitchen is fitted with a range of modern units together with integrated and freestanding appliances.
The bedroom is again light with built-in storage cupboard, while the bathroom is fitted with a classic suite.
Outside, the property benefits from an allocated parking space for one car, a particularly valuable feature given its convenient city location.
Overall, this is an attractive and characterful apartment occupying an enviable position close to the heart of Nottingham city centre and the many amenities the area has to offer.
Please note, there are park estate fees on this property. It is £412.78 a year.
Disclaimer Note & Money Laundering These sales particulars have been prepared by FHP Living on the instruction of the vendor.
Services, equipment and fittings mentioned in these particulars have not been tested, and as such, no warranties can be given.
Prospective purchasers are advised to make their own enquiries regarding such matters. These sales particulars are produced in good faith and are not intended to form part of a contract.
Whilst FHP Living have taken care in obtaining internal measurements, they should only be regarded as approximate.
Purchaser information - Under the Protecting Against Money Laundering and the Proceeds of Crime Act 2002, FHP Living require any successful purchasers proceeding with a purchase to provide two forms of identification i.e.
Passport or photocard driving license and a recent utility bill. This evidence will be required prior to FHP Living instructing solicitors in the purchase or the sale of a property.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Apartment 3 The Tower House, 53, Park Row, Nottingham
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